Platinum Price Analysis Expected Scenario Platinum price renewed the negative trades, taking advantage of the recent stability below 50% Fibonacci correction level at 983.00$, to notice attacking the MA55 near 955.00$. Stochastic continuous negative momentum will increase the chances of resuming the negative attack, to expect targeting 949.00$ obstacle soon, while breaking it will increase the chances of reaching the next main target at 920.00$. Expected Trading Range Between 975.00$ support and 920.00$ resistance.

Trend Forecast: Bearish